Multiple Choice
The GDP deflator is a measure ofthe overall change in prices in an economy:
A) using the ratio of nominal to real GDP.
B) based on goods and services valued at constant prices.
C) based on price-changes determined when output is held constant.
D) using the ratio of real to nominal GDP.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Investment, as a part of GDP, includes:<br>A)
Q115: Consumption:<br>A) is the largest component of the
Q116: You purchase a bag of chocolate chips
Q117: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6625/.jpg" alt=" Assume the table
Q118: Everyone in an economy tends to do
Q119: A recession is characterized by:<br>A) a period
Q121: An example of a good or service
Q122: Macroeconomics works to explain things like:<br>A) economic
Q124: U.S. imports are:<br>A) U.S. goods sold to
Q125: The Green GDP:<br>A) tries to capture the